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Manufacturers
$18.9M Navy contract boosts Raytheon's local facility
March 16, 2010
IBJ StaffRaytheon Technical Services Co. LLC will make guided missile launchers for the U.S. Navy at its Indianapolis avionics development
center, the Department of Defense announced Monday.
MoreHurco suffers loss as sales plummet
March 11, 2010
IBJ StaffThe Indianapolis-based manufacturer's quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
MoreDelta Faucet cutting 40 more jobs at Greensburg plant
March 10, 2010
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
MoreBottled-water company ramps up production in Plainfield
March 6, 2010
Kathleen McLaughlinNiagara Bottling LLC recently hired 55 for its plant on Whitaker Road, which will make half-liter bottles of purified municipal
tap water.
MoreLocal manufacturer closing plant, moving to Brazil
March 3, 2010
IBJ StaffIVC Industrial Coatings Inc. is relocating its Indianapolis headquarters and manufacturing operations to west-central Indiana.
About 50 of its 55 employees have agreed to move.
MoreFord supplier Lear to add 200-plus jobs in Hammond
March 2, 2010
IBJ StaffMichigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
MoreAlternative energy firm eyeing New Castle plant
February 25, 2010
Scott OlsonPlans by Washington, D.C.-based D'Arcinoff Group to manufacture wind turbines in an idled plant in New Castle could create
1,800 jobs in the next two years.
MoreRolls-Royce snares military helicopter contract
February 22, 2010
Rolls-Royce Corp.'s Indianapolis manufacturing facility has been awarded a multimillion-dollar contract by the U.S. Army to
develop a digital engine control for one of its helicopters.
MoreIndianapolis to demonstate plug-in electric vehicles
February 18, 2010
Chris O'Malley
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Calumet's quarterly profit shrinks on higher oil prices
February 17, 2010
Indianapolis-based Calumet Specialty Products reported a profit of $8.2 million in the fourth quarter, a 56-percent decrease
from the same period a year ago.
MoreEarthbound RV plans Marion plant, 300 jobs by 2013
February 17, 2010
IBJ StaffA startup firm that makes fuel-efficient recreational vehicles plans to locate its manufacturing operation in Marion, state
officials announced Tuesday night, creating as many as 300 jobs by 2013.
MoreWorld Media Group to expand Indianapolis operations
February 11, 2010
IBJ StaffMultimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on
the east side of Indianapolis, increasing its workforce by 20 percent.
MoreSuper bummer: Indy plant churns out Saints T-shirts
February 8, 2010
Mason King
The Colts' Super Bowl loss saddened employees at a local plant that makes NFL gear, but the Saints'
win will give the bottom line a bigger boost.
New emissions standards drive up Cummins profit
February 2, 2010
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won't have to conform to new emission standards.
MoreHaynes pays CEO almost twice as much as predecessor
January 29, 2010
Peter SchnitzlerCEO Mark Comerford's $1.46 million in total compensation in fiscal 2009 was nearly double Francis Petro's pay the previous
year—even though the company's revenue dropped 31 percent in the same period.
MoreBicycle-components manufacturer adding 105 jobs
January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
MoreSteep sales decline forces Hurco to slash executive pay
January 27, 2010
Peter SchnitzlerIndianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
MoreTwo companies set to make major local expansions
January 27, 2010
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon
to announce the
creation of hundreds of new jobs.
MoreIndiana businesses are welcoming investment from China
January 22, 2010
Peter SchnitzlerSome observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
MorePickens' natural-gas plan may prove boon to truck builders
January 22, 2010
Bloomberg NewsConverting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T.
Boone Pickens says.
MoreEnerDel has more deals in the works
January 21, 2010
Kathleen McLaughlinLithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the
$237 million investment
it announced Thursday.
MoreEnerDel hopes to hire 1,100 at new manufacturing plant
January 21, 2010
Peter SchnitzlerLithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
MoreEnerDel in line for $3 million grant
January 20, 2010
Kathleen McLaughlinBattery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
MoreKnauf fills new CEO position
January 20, 2010
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
MoreCar-seat manufacturer plans Columbus expansion
January 19, 2010
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.